Backlog of 3,500 financial complaints

THE economic downturn has caused a large increase in complaints against banks, building societies and other financial institutions with a record number of cases being handled by the Financial Services Ombudsman (FSO).

Backlog of 3,500 financial complaints

The Ombudsman, Bill Prasifka, revealed yesterday that his office is dealing with a backlog of almost 3,500 complaints which have built up over the past two years in tandem with the country’s financial crisis.

Mr Prasifka said the FSO had received 3,600 complaints alone during the first six months of 2010. He pointed out that there had been a noticeable increase in the level of complaints since the beginning of the economic downturn.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited